First-Time Buyer Checklist
Complete step-by-step guide for Sacramento area first-time buyers.
Short version
Sacramento homes span historic neighborhoods and newer developments. Compare inspection findings, parcel assessments, insurance, and any HOA dues alongside principal and interest. A seller's tax bill may change after purchase, so budget for reassessment. (Education only.)
Mortgage Guidance in Sacramento, CA
Thinking about buying a home in Sacramento? I'm Kevin Cunningham, and I help buyers understand the process at their own pace. ReadMe Mortgage is opening soon in Citrus Heights, ready to serve the greater Sacramento area.
Why Sacramento?
Sacramento is California's capital city with a diverse housing market. From tree-lined neighborhoods with historic homes to newer developments, there's something for many different budgets and lifestyles. The city offers a central location, growing job market, and relative affordability compared to the Bay Area.
Sacramento County property taxes typically run 1.1% to 1.3% of the purchase price, plus any special assessments. Older homes in established neighborhoods may need extra attention during inspections, so it's good to budget for that upfront.
Helping Sacramento Homebuyers
Whether you're a first-time buyer or moving within Sacramento, I focus on education first. You'll understand costs, know what questions to ask, and feel prepared for each step of the process.
- First-time homebuyers - Step by step guidance from your first questions to closing
- Closing costs explained - Every fee broken down with Sacramento-specific context
- Understanding your payment - Full PITI breakdown including taxes and insurance
- Down payment assistance - Guidance on CalHFA and other programs available to Sacramento buyers
Free Resources for Sacramento Buyers
Closing Costs Explained
Every fee line by line, with Sacramento County customs and what can change.
How Much Can I Afford?
Calculate your real monthly payment including taxes, insurance, and all costs.
PMI: What It Is & How to Remove It
Understand PMI and your options for removing it when you reach the right equity level.
Common Questions About Buying in Sacramento
How much are property taxes in Sacramento?
Sacramento is in Sacramento County. Property taxes are typically around 1.1% to 1.3% of the purchase price per year, plus any special assessments or voter-approved measures. The exact rate depends on the specific property.
What down payment assistance is available in Sacramento?
California Housing Finance Agency (CalHFA) offers several programs for first-time buyers including down payment assistance. There may also be local programs. As part of your preparation, it's worth exploring all options to see what fits your plans.
Are older Sacramento homes a good investment?
Many of Sacramento's older homes are well-built and in established neighborhoods with mature trees and great locations. They often need updates, so budget for inspections and potential repairs. A thorough inspection is especially important for homes built before the 1980s.
Can I apply for a loan through ReadMe Mortgage?
No. ReadMe Mortgage is opening soon in Citrus Heights. Loan applications and lending services are not available through this site. These local guides are educational only.
What's on your mind?
Call or text me at (408) 406-7900. I'm available daily 6 AM to 8 PM Pacific. You don't need to have everything figured out. I'm happy to hear your general questions.